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Giift announces the launch of Giift Box USA - English News provided by Share this article Share this article SINGAPORE, May 17, 2021 /PRNewswire/ Giift continues to create path-breaking loyalty solutions. Introducing a new platform, Giift Box : A web-based application specially designed to promote digital inclusion within the SME segment. Now, every merchant, from kiosks to supermarkets can affordably engage their users. All it takes are 3 simple steps – create, publish, and eventually validate the offers in-store or online. It empowers merchants to create promotions in self-service mode. They can choose from a selection of ready-to-use templates and customize them as per their brands. Once created, these promotions can be shared on social & chat media. They can also be displayed in-store through a simple QR code. ....
CCL adds to decorative label holdings with deal for Singapore-based Lux Global Print Label and packaging maker CCL Industries Inc. has acquired Lux Global Label Asia Pte. Ltd. of Singapore for C$9.4 million (US$7.7 million). Lux makes decorative labels for global consumer customers in the ASEAN region, officials with CCL in Toronto said in a May 3 news release. For the year ended March 31, Lux had sales of C$9.2 million (US$7.55 million). The firm now will operate as CCL Label Singapore. CCL President and CEO Geoffrey Martin said in the release that CCL expects to improve the financial and operational performance of [Lux] significantly. ....
CCL Industries Expands in Singapore May 03, 2021 08:00 ET | Source: CCL Industries CCL Industries Toronto, Ontario, CANADA TORONTO, May 03, 2021 (GLOBE NEWSWIRE) CCL Industries Inc., a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today it has acquired privately held Lux Global Label Asia Pte. Ltd. (“LUX”), based in Singapore. LUX produces decorative labels for global consumer customers in the ASEAN region. For the trailing twelve months ending March 31, 2021, sales were $9.2 million, with adjusted EBITDA of approximately $1.0 million. The estimated $9.4 million purchase price is expected to equate approximately to the fair market value of the tangible fixed assets (including an owned building in Singapore) and working capital acquired. LUX will immediately move to trade as CCL Label Singapor ....